Being the merchant on record on Marketplace

As an admin, you might want to collect payments and then disperse them on your own, rather than allow payments to be split automatically.

This allows you to manually delay payments till your buyers/renters/service requesters tell you the services have been rendered. It also allows you to manually fulfil partial payments.

The generic payment feature on your marketplace allows you to bring your own payment processor, apart from Stripe and PayPal (which are Arcadier’s default payment processors). With generic payment processors, as a Merchant of Record, the marketplace administrator will be receiving all the money (subject to the commission from your payment partner/s) from transactions on your marketplace. The marketplace administrator will keep the marketplace transaction fee and transfer the remaining transaction sum to the marketplace seller. Arcadier’s generic payment feature does not support split payments even if the payment processor has that feature.

Arcadier will not be able to trace these transactions. We are only able to tell if the transaction is successful or not. We do not provide any support with regards to errors that occur during transactions with generic payment processors.

Due to this, even though it is possible to use a combination of default and generic payment processors in your marketplace, we would advise marketplace administrators to use only one type of payment flow —either Arcadier’s default split payments or generic payments — to reduce issues you may face in settling payments with your merchants.

To help you understand how payment flows work with generic payment processors, we have prepared a video for you. Click hereto watch the video. Click hereto access our GitHub resources on how to connect your generic payment processor and here for Merchant-on-record (MOR).

Arcadier allows you to integrate with a payment gateway of your choice that allows such functionality. Examples of these would be: